Rosa L Parks Scholarship Foundation Inc

Analysis

Rosa L Parks Scholarship Foundation Inc is a registered charity in United States, based in White Lake, MI. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Rosa L Parks Scholarship Foundation Inc reported income of $127k and spending of $128k, spending 100% of its income. Across the 3 years on record, from April 2021 to April 2023, income fell from $272k to $127k (-53%), an average of -32% a year. The sharpest change came in the year to April 2022, when income dropped by 51%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rosa L Parks Scholarship Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Exemplary Educators ($127k), X-Culture Inc ($127k) and Salida Del Sol Academy Foundation ($127k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.